Parisian Family Office CEO. Founder of CHIPPEWA PARTNERS, Native American Advisors, Inc., Registered Investment Advisor. White Earth Chippewa, educated conservative, raised on Indian reservations across Great Plains. Began Wall Street career in 1982. Always been, will always be, an optimist. Pureblood, clot-shot free. In a world on a dopamine binge, this is his take on life. Written at the Ghost Ranch in MT, Pamelot, their TN farm or winter home in San Jose del Cabo, Mexico.

Monday, January 22, 2018

FED 2% Inflation Policy

I studied inflation extensively in college while taking an economics degree.   I dealt with inflation upon arrival in San Diego in 1979 when real estate prices were doubling every few months and gas rationing was rampant.

I have always felt that inflation should be ZERO per cent.

ZERO

Anything more is robbing all of us.   ALL Americans.

These academics at the United States Federal Reserve who actually believe 2% inflation is a grand target should be jailed.  How can they set a 2% inflation target that excludes as "transitory" what ALL Americans would deem to be necessities?




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